Big white candles.
Oh yes. Think about these indeed
I do like the way CROGE looks,the inverted hammer.
I placed these on my watch list
EFCR has had its run up,may look for a pull back on that one.
Watch closely come Monday morning. :o
Have you any other thoughts about the two?
My sentiments exactly. may get a pull on EFCR. Which is expected, but Crgoe looks like it will run as long as it can sustain volume.
That's my take as a speculitive trader.
EFCR getting ready to pull something?
lifting off, high volume ;)
EFCR looks very strong here into close!
Some News............
SCOTTSDALE, Ariz., Jun 28, 2005 (BUSINESS WIRE) -- EGPI Firecreek Inc. (EFCR, Trade) Chairman of the Board and Chief Financial Officer Dennis Alexander announced today that the final $2,000,000 of a $4,000,000 joint-venture financing agreement with Tirion Group of United Kingdom was received and completed June 16, 2005.
"This is a big moment for EGPI/FIRECREEK," Alexander commented. "The funding allows our FIRECREEK PETROLEUM team to finish the detail work activating our oil and gas projects in several countries. Firecreek will also be evaluating and operating international projects as a part of the joint venture."
EGPI/FIRECREEK announced earlier that rehabilitation and development contracts for multiple oil and gas fields in Russia, Romania and Kazakhstan were under negotiation; and final agreements are being prepared for approval by the EGPI/FIRECREEK board of directors.
Chairman Alexander and other EGPI/FIRECREEK board members met in London in late June for two formal days of meetings.
"The board expects to approve the purchase of several oil and gas fields in Russia, Romania and Kazakhstan," said Alexander. "We have said for several months that the opportunities in these and other countries will be our major focus."
FIRECREEK PETROLEUM President John R. "Rick" Taylor believes that "the potential in our areas of concentration is extraordinary. And, the growth required to meet the world's expanding energy needs are going to be found in places such as those we are focusing on developing."
EGPI Firecreek Inc., through its Firecreek unit, is focused on oil production with an emphasis on acquiring existing oil fields with proven reserves, the rehabilitation of potentially high throughput oilfields, resource properties and inventories on an international basis.
For more information about EGPI Firecreek Inc. go to:
Firecreek Petroleum:
www.firecreek.us
InterOilGas:
www.interoilgas.com
David Christian
http://davidchristian.us/bio.asp
Something for the watchlist. We gotta a bullish morning star pattern which took the stock above a trendline breakout. Lets see some volume push this up and over.
I like the way it held its ground after it had that nice little run up.
Seems to be a good display of strength.
Check it out Saffey
I like making money on Fridays!
Rockin again!!!!!on fire!!!!!
Now +44.74%
EGPI/FIRECREEK and The Sahara Group Agree to $22,000,000 USD Purchase of Control of Major Kazakhstan Exploration License
Monday July 11, 8:01 am ET
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--July 11, 2005--EGPI Firecreek, Inc. (OTCBB:EFCR - News) EGPI/FIRECREEK, INC. Chairman of the Board and Chief Financial Officer Dennis Alexander and The Sahara Group Chairman Rusbek Bisultanov announced today that, subject to final due diligence reports and financial documentation, both groups have approved the purchase of 51% of the Kazakhstan joint stock company TransNaftaCenter.
TransNafta holds the development rights to the Kamenkovsky license, an oil and gas development block 100 kilometers northwest of Uralsk in the western portion of Kazakhstan. EGPI/FIRECREEK will pay a signing bonus to the Kazakhstan Government and purchase 51% of TransNafta Center stock. Ramp up costs and field exploration work in the first six months will require an estimated $29,500,000 USD additional funding.
Chairman Bisultanov spearheaded the negotiations stated, "There is more than 1,700,000 acres in this block that is considered one of the most promising oil and gas developmental areas in Kazakhstan. We have worked very hard to make this project a major step forward for The Sahara Group, EGPI/FIRECREEK, and our friends in Kazakhstan," Bisultanov said.
EGPI/FIRECREEK Chairman Dennis Alexander stated, "We have two independent financial audits of TransNafta finished early in 2005 and we are conducting another to meet GAAP and SEC standards. And, we have retained the Moscow based law firm of White and Case to assist Bill Merritt in the legal and due diligence legal work," Alexander explained.
"As a long-time oil man, I am excited about this field. Using the existing geology and seismic data compiled in the last few years, we have obtained three recent independent reports that confirm our belief that there are numerous potential producing horizons above the salt, possibly one in the salt and a massive structure under the salt that is prospective for natural gas and gas condensate," Taylor said.
The Firecreek team is scheduled to meet in Almaty, Kazakhstan later this month to complete the purchase.
EGPI Firecreek Inc. through its Firecreek unit is focused on oil production with an emphasis on acquiring existing oil fields with proven reserves, the rehabilitation of potentially high throughput oilfields, resource properties and inventories on an international basis
EFCR is on fire today.
Thanks saffeysite1 for the picks ;D. I liked EFCR chart when you posted it and bought some (too bad, I bought very little).
Thanks,
Mads
EFCR looks like it wants to rise again.
i bought EFCR this gas and oil play this morning:)
Ket1390,
I bought this at .03 and I am down about 14%! Are you still holding?
Can you please post TA on this every day, so it would be easier to hold?
Thanks
Lalitha
I just came accross your post, looks interesting but what is your target for EFCR?
Thanks!
might be a buy here as volume has spiked so something might be up.
Hi
I am glad this started moving today, because I was panicking.
Lalitha
Volume is coming in Lalitha it looks good !
EFCR.OB ???
evgeny05 ,
I merged your thread with this one.
I know it had 2 stocks listed on this thread when it was created by saffeysite1 ,
EFCR.OB and CRGOE.OB.
I have changed the name of the thread to refelect it to just EFCR.OB, because all the talk on this thread was only about this stock.
Good luck with your trades !
OK. setravis !
Good luck .
:o